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nearly new car? $0 offer? I find this story outlandish
You are confusing 2 different cars. The car that was given a $0 offer was an older car. However, that dealer said that they will not buy any car that was in any accident for any price, so, my nearly new car would also be worth $0 to that dealer.
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That is what I was told by my insurance company when I asked why they refused to go after the other driver's insurance for diminished value, effectively siding with their competitor (the at fault driver's insurance company) rather than their customer (myself).
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One insurance company will not go after another for diminished value. I went up to an executive level and they explained to me how they pay claims from individuals claiming DV, but they take the position they only handle property not value claims so won't pursue it on my behalf. It helped me move forward working my claim. It seems to me this is a tort issue and cannot be dismissed by insurance regulation.
You are confusing 2 different cars. The car that was given a $0 offer was an older car. However, that dealer said that they will not buy any car that was in any accident for any price, so, my nearly new car would also be worth $0 to that dealer.
My guess is that the "dealer" did not say that. The dealer is the guy who owns the dealership. If you are going to take as fact everything told to you by any employee of a car dealership there is not enough help available to you on this entire website.
One insurance company will not go after another for diminished value. I went up to an executive level and they explained to me how they pay claims from individuals claiming DV, but they take the position they only handle property not value claims so won't pursue it on my behalf. It helped me move forward working my claim. It seems to me this is a tort issue and cannot be dismissed by insurance regulation.
How do I go forward with a diminished value claim?
My guess is that the "dealer" did not say that. The dealer is the guy who owns the dealership. If you are going to take as fact everything told to you by any employee of a car dealership there is not enough help available to you on this entire website.
So then I was incorrect in using the word "dealer". But even when I walked away, they did not even attempt to offer a compromise offer.
So then I was incorrect in using the word "dealer". But even when I walked away, they did not even attempt to offer a compromise offer.
"They" didn't want to have anything to do with your beater, why should they? The dealer is not in business to help you save money or make your life easier.
"They" didn't want to have anything to do with your beater, why should they? The dealer is not in business to help you save money or make your life easier.
But refusing to fairly compensate me for my car cost them my business. I took my business elsewhere. It seems penny wise and pound foolish to lose a new car sale where they would have made profit, because they refused to compromise on a trade-in.
But refusing to fairly compensate me for my car cost them my business. I took my business elsewhere. It seems penny wise and pound foolish to lose a new car sale where they would have made profit, because they refused to compromise on a trade-in.
So tell us how much profit they would have made and we'll see if it was better for them to send you away.
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I find this story outlandish
